Bangkok (VNA) – The Government of Thailand looks to restructure the economy next year to attract foreign investors to new industries and establish a central e-commerce platform to boost online sales nationwide, local media reported. Speaking at the 38th annual meeting of the Thai Chamber of Commerce on November 27, Deputy Prime Minister Supattanapong Punmeechaow said 2021 will be a transitional year for Thailand to take serious action in restructuring its economy. Though the Thai economy is expected to recover to growth of 3-4 percent in 2021 from contraction this year, it will still rely on domestic consumption, he said, noting that reforms are essential to facilitate economic recovery. He said a restructuring plan is expected by the first quarter of 2021, focusing on building up the local economy and attracting foreign direct investment, notably in new industries related to medical services, food, the circular economy, biofuel or clean energy, smart electronics and electric … [Read more...] about Thailand plans economic restructuring to attract foreign investment
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David Hutt said on Asia Times Financial that whether there is continuity or change to both US-Vietnam relations and Vietnam’s domestic politics is a matter of intrigue, but what is certain is that the country’s economy will likely again be the envy of the region in 2021. Hanoitimes … [Read more...] about How Vietnam weathers global health crisis and rises?
Hanoi (VNS/VNA) - The Ministry of Education and Training is to implement the Vietnam National Qualifications Framework (VQF). This will stipulate the minimum learning outcomes for a tertiary level, meaning all majors at one level must meet the minimum output standards specified in the framework. “The biggest social responsibility of a higher education institution is the production of people with professional skills and soft skills to effectively serve the development of society,” said Nguyen Thu Thuy, Acting Director of Higher Education Department, Ministry of Education and Training. “We are not only training human resources for the domestic market but also towards the regional and world markets. “The objectives of the VQS is the equivalent recognition of Vietnamese diplomas, certificates and qualifications to those of regional and international diplomas, certificates, and degrees. Consequently, Vietnam can source our manpower to the world.” According … [Read more...] about Ministry develops standard for universities
Cát Lái Port in HCM City. Small and medium-sized logistics enterprises need to embrace digital transformation to enhance their global competitiveness post-pandemic, an online conference on the logistics industry heard recently. VNA/VNS Photo Mạnh Linh … [Read more...] about Logistics SMEs urged to speed up digital transformation to remain competitive